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20121129
20121207
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Search Results 0 to 4 of about 5
CNBC
Dec 3, 2012 3:00pm EST
for service medicare to some sort of premium support plan. mitt romney adopted that in the campaign. interestingly, pete domenici and allison rivlin advocated what romney campaigned on as a fundamental change in medicare. i do think this is a reflection of progress they're exchanging numbers on paper. i talked to the senate democratic leadership. they said, we're not going to react until we hear from the white house. the president is going to have a photo op in a few minutes with the bulgarian president. we'll see if the president gets thrown a question and whether he offers a reaction. haven't heard anything from white house staff so far in reacting to this, guys. >> essentially they're picking up negotiations where they left off in august of '11 when the grand bargain fell apart. isn't this what we're talking about here? >> that is right. the speaker's office clarified the proposal they essentially laid down is drawn from erskine bowles' individual testimony to the super committee in the fall of 2011. that is to say, not the simpson/bowles recommendation itself, but when erskine b
CNBC
Nov 30, 2012 3:00pm EST
, now you have mitt romney's name thrown into the ring. >> ben white joins us now to talk more about that. ben, you admit it's unlikely, but you think this would work. talk to us about it. >> it's a little unlikely. good to be with you. thank you. you look at the two things, the biggest knocks on the obama administration in the first term were they didn't have a businessman with any business experience in any senior role, and they had terrible relations with republicans on capitol hill. no businessman, no bipartisanship. romney gives you both of those. he's a guy that gets along with republicans. he could make a deal on entitlements, tax reform. and he gets you a lot of business experience. i first said it as a joke, then i thought it makes sense. a lot of people agreed with that. >> certainly the president wants to reach across the aisle, you know, once in a while and have republicans do that. usually a businessman goes to commerce secretary. >> often, but it's a back water agency. if you have someone with a really powerful role -- and in this next term, it's going to be the big ent
CNBC
Dec 4, 2012 3:00pm EST
, donald, has been on our program a lot. he was a big supporter of romney. there were stories going around that you said, dad, pull it back a bit. you don't have to be so negative on the president. is that what happened? >> it was fascinating because this was a widely circulated report that was without fact at all, and not one reporter actually called and asked the question you just did, which is, is that true? no, it wasn't. my father has been a very important part of the dialogue. he's been saying a lot of things that other people, you know, not wanting to be in a space where they're talking about politics, they don't see it as advantageous. they're not really speaking their minds. it would not be my place to tell him to tone anything down. >> are you worried about the fiscal cliff? how is business going? you're an entrepreneur in your own right. i want to talk to you about business, but how you preparing for the cliff? >> well, there's no way one can be preparing. you have to be think about uncertainty as you make your investment decision. in terms of fiscal policy, obviously the
FOX Business
Nov 30, 2012 3:00pm EST
some hope that things were going to turn around if romney was elected because he was speaking i me with them but today they got the boot. >> coal stocks up dramatically today. walter energy refuse to comment on the entrance in them keeping the sector on fire. the et of jumping, names like james river and natural resources all above 3% or 1%. liz: costco hitting an all-time high, this is accompanied always gets props for great management but when you see a stock do that well, certainly the carry on top. >> since yesterday the vice president being there in washington d.c. and talking about how companies manage very well, their workers stay for a peers in anyway and stock heir hitting all-time high of $104.50 today. dave: let's look at the tech stocks, how they are rounding the end of this trading day, we have apple and zynga down, but facebook always likes to buck a trend. always -- it is of another 2% today. >> facebook has had a really nice run in the month of november. all that negative commentary disappearing. for the nasdaq, it had a great week up 1.5%
CNBC
Nov 29, 2012 4:00pm EST
change in 2013? you were a romney supporter. do you have to change your strategy now that we know we have president obama for the next four years? he's got a much different mentality. >> i'm a social liberal fiscal conservative. my party doesn't really exist. i thought if the nation got burr rid under trillions of debt, there would be nothing to talk about. we wouldn't have a social agenda. >> we're close to it. >> 16 on our way to 20. then you lose options. you go over an edge where you're only services debt. today our interest expense is like $120 billion or so. 4% on $20 is $500 billion. that overwhelms all the discretionary spending. somebody has to get serious in washington. i'm hoping obama is coming to be a great president, which has come to the center. he inherited a bad economy. there's no doubt, right? but we haven't made a lot of progress. we haven't given business a lot of confidence. we have $1 trillion -- >> antagonistic with business. >> we would call it antagonistic. a lot of listening but not a lot of hearing. i'm supposed to go -- i won't say that. >> you're going t
Search Results 0 to 4 of about 5